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SLVP vs. AVDV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SLVP vs. AVDV

Last updated Jun 13, 2026

SLVP (iShares MSCI Global Silver and Metals Miners ETF) and AVDV (Avantis International Small Cap Value ETF) are both exchange-traded funds - SLVP is a Silver fund tracking the MSCI ACWI Select Silver Miners Investable Market Index, while AVDV is a Foreign Small & Mid Cap Equities fund actively managed by Avantis. SLVP is passively managed, while AVDV is actively managed. Over the past 5 years, SLVP returned 14.15%/yr vs 13.63%/yr for AVDV. At a 0.49 correlation, their price movements are largely independent. SLVP charges 0.39%/yr vs 0.36%/yr for AVDV.

Performance

SLVP vs. AVDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Global Silver and Metals Miners ETF (SLVP) and Avantis International Small Cap Value ETF (AVDV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SLVP achieves a -5.37% return, which is significantly lower than AVDV's 14.99% return.

SLVP

1D
3.38%
1M
-21.72%
YTD
-5.37%
6M
-0.60%
1Y
83.53%
3Y*
48.97%
5Y*
14.15%
10Y*
12.67%

AVDV

1D
0.89%
1M
-1.95%
YTD
14.99%
6M
17.18%
1Y
40.93%
3Y*
26.72%
5Y*
13.63%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

SLVP vs. AVDV - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
SLVP
iShares MSCI Global Silver and Metals Miners ETF		-5.37%202.84%14.47%-2.31%-18.06%-23.53%56.45%9.95%
AVDV
Avantis International Small Cap Value ETF		14.99%49.37%8.67%16.85%-11.47%15.80%5.01%11.78%

Correlation

The correlation between SLVP and AVDV is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.61

Correlation (3Y)
Calculated over the trailing 3-year period

0.56

Correlation (5Y)
Calculated over the trailing 5-year period

0.56

Correlation (All Time)
Calculated using the full available price history since Sep 26, 2019

0.49

The correlation between SLVP and AVDV shifts across timeframes, from 0.49 (all time) to 0.61 (1 year), reflecting how their relationship changes across market environments.

SLVP vs. AVDV - Sectors Allocation Comparison

Sectors
SLVP
AVDV

Basic Materials

100.0%
22.5%

Communication Services

-

2.0%

Consumer Cyclical

-

14.4%

Consumer Defensive

-

3.4%

Energy

-

10.8%

Financial Services

-

13.7%

Healthcare

-

2.1%

Industrials

-

21.3%

Real Estate

-

1.1%

Technology

-

6.4%

Utilities

-

1.7%

Basic Materials

SLVP
100.0%
AVDV
22.5%

Communication Services

SLVP

-

AVDV
2.0%

Consumer Cyclical

SLVP

-

AVDV
14.4%

Consumer Defensive

SLVP

-

AVDV
3.4%

Energy

SLVP

-

AVDV
10.8%

Financial Services

SLVP

-

AVDV
13.7%

Healthcare

SLVP

-

AVDV
2.1%

Industrials

SLVP

-

AVDV
21.3%

Real Estate

SLVP

-

AVDV
1.1%

Technology

SLVP

-

AVDV
6.4%

Utilities

SLVP

-

AVDV
1.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI Global Silver and Metals Miners ETF

Avantis International Small Cap Value ETF

Often compared with SLVP:
SLVP vs. SLVSLVP vs. SILSLVP vs. SSLN.LSLVP vs. PSLVSLVP vs. SIVRSLVP vs. RINGSLVP vs. SLVR.DE
Often compared with AVDV:
AVDV vs. VXUSAVDV vs. AVDEAVDV vs. VSSAVDV vs. DISVXAVDV vs. AVDVXAVDV vs. ISVLAVDV vs. AVIV

Return for Risk

SLVP vs. AVDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SLVP
SLVP Risk / Return Rank: 4646
Overall Rank
SLVP Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
SLVP Sortino Ratio Rank: 4343
Sortino Ratio Rank
SLVP Omega Ratio Rank: 4646
Omega Ratio Rank
SLVP Calmar Ratio Rank: 5050
Calmar Ratio Rank
SLVP Martin Ratio Rank: 4141
Martin Ratio Rank
AVDV
AVDV Risk / Return Rank: 8181
Overall Rank
AVDV Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
AVDV Sortino Ratio Rank: 8686
Sortino Ratio Rank
AVDV Omega Ratio Rank: 8686
Omega Ratio Rank
AVDV Calmar Ratio Rank: 7171
Calmar Ratio Rank
AVDV Martin Ratio Rank: 7676
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SLVP vs. AVDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Silver and Metals Miners ETF (SLVP) and Avantis International Small Cap Value ETF (AVDV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

SLVPAVDVDifference
Sharpe ratioReturn per unit of total volatility
1.54
2.53

-0.99

Sortino ratioReturn per unit of downside risk
1.95
3.36

-1.41

Omega ratioGain probability vs. loss probability

1.26

1.46

-0.19

Calmar ratioReturn relative to maximum drawdown

2.21

3.12

-0.91

Martin ratioReturn relative to average drawdown

5.86

12.44

-6.59

SLVP vs. AVDV - Sharpe Ratio Comparison

The current SLVP Sharpe Ratio is 1.54, which is lower than the AVDV Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of SLVP and AVDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

SLVP vs. AVDV - Drawdown Comparison

The maximum SLVP drawdown since its inception was -80.47%, which is greater than AVDV's maximum drawdown of -43.01%. Use the drawdown chart below to compare losses from any high point for SLVP and AVDV.

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Drawdown Indicators

SLVPAVDVDifference

Max Drawdown

Largest peak-to-trough decline

-80.47%

-43.01%

-37.46%

Max Drawdown (1Y)

Largest decline over 1 year

-38.06%

-13.19%

-24.87%

Max Drawdown (3Y)

Largest decline over 3 years

-38.06%

-14.17%

-23.89%

Max Drawdown (5Y)

Largest decline over 5 years

-54.26%

-28.08%

-26.18%

Max Drawdown (10Y)

Largest decline over 10 years

-62.03%

—

—

Current Drawdown

Current decline from peak

-31.74%

-2.24%

-29.50%

Average Drawdown

Average peak-to-trough decline

-46.78%

-6.76%

-40.02%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.31%

3.30%

+11.01%

Volatility

SLVP vs. AVDV - Volatility Comparison

iShares MSCI Global Silver and Metals Miners ETF (SLVP) has a higher volatility of 19.61% compared to Avantis International Small Cap Value ETF (AVDV) at 6.26%. This indicates that SLVP's price experiences larger fluctuations and is considered to be riskier than AVDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SLVPAVDVDifference

Volatility (1M)

Calculated over the trailing 1-month period

19.61%

6.26%

+13.35%

Volatility (6M)

Calculated over the trailing 6-month period

45.17%

13.88%

+31.29%

Volatility (1Y)

Calculated over the trailing 1-year period

54.53%

16.25%

+38.28%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

43.15%

17.41%

+25.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

42.45%

19.77%

+22.68%

SLVP vs. AVDV - Expense Ratio Comparison

SLVP has a 0.39% expense ratio, which is higher than AVDV's 0.36% expense ratio.

Dividends

SLVP vs. AVDV - Dividend Comparison

SLVP's dividend yield for the trailing twelve months is around 1.88%, less than AVDV's 4.11% yield.

PositionTTM20252024202320222021202020192018201720162015
AVDV
Avantis International Small Cap Value ETF		4.11%3.05%4.31%3.29%3.17%2.39%1.67%0.36%0.00%0.00%0.00%0.00%
SLVP
iShares MSCI Global Silver and Metals Miners ETF		1.88%1.78%1.05%0.88%0.63%1.63%2.39%2.03%1.28%0.85%2.32%0.72%

Frequently Asked Questions

SLVP and AVDV have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SLVP has higher volatility (19.61%) compared to AVDV (6.26%). In terms of maximum drawdown, SLVP dropped -80.47% vs AVDV's -43.01%.

On 5-year performance, SLVP leads with 14.15% vs 13.63% for AVDV. On fees, AVDV is cheaper at 0.36% per year. On volatility, AVDV has been the lower-risk option at 6.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, SLVP has performed better with a 14.15% return vs 13.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

AVDV is cheaper with a 0.36% expense ratio, compared with 0.39% for SLVP.

AVDV has the higher dividend yield at 4.11%, compared with 1.88% for SLVP.

SLVP is categorized as Silver, while AVDV is Foreign Small & Mid Cap Equities. They also come from different issuers: iShares and Avantis. Their fees differ too: 0.39% for SLVP and 0.36% for AVDV.

AVDV currently has the higher Sharpe Ratio (2.53 vs 1.54), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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